The recovery of the construction sector in developed regions and the surge in building and construction activities in emerging economies have significantly boosted the concrete floor coatings market, states Transparency Market Research in a recent report. The 110-page publication is titled “Concrete Floor Coatings Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” and is available for sale on the company’s website. The global concrete floor coatings market is anticipated to expand at a 6.8% CAGR from 2014 to 2020, rising from a value of US$745.8 mn in 2013 to US$1.1 bn by 2020.
Browse the full Concrete Floor Coatings Market (Epoxy, Polyaspartics and Others) for Outdoor and Indoor Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/concrete-floor-coatings-market.html
Floor coatings form an integral part of the construction industry and are used in several industrial, commercial, and residential settings in the form of walkways, garage floors, and patios. Concrete floor coatings protect the surfaces from thermal shocks, chemical attacks, and abrasions and render the floor resistant against wear and tear.
The concrete floor coatings market is examined on three fronts: Product, application, and geography. The leading and weaker segments have been identified and studied at length, offering readers insight into prospective expansions for the future.
On the basis of product, the concrete floor coatings market comprises polyaspartics, epoxy, and others, including polyurethane and acrylic. Among these, epoxy-based concrete floor coatings dominated the overall market with a share of over 50% in 2013. This product segment has been leading the concrete floor coatings market in terms of both revenue and volume.
Based on application, the market for concrete floor coatings has been bifurcated into indoor and outdoor coatings. The market for indoor floor coatings held a share of more than 50% in 2013, making this application segment the larger of the two. The rising importance of floor coatings in the commercial and industrial sector is responsible for the growth of this segment.
By geography, the concrete floor coatings market has been divided into Europe, North America, Asia Pacific, and Rest of the World. North America is presently the largest regional market, followed by Asia Pacific. In 2013, APAC accounted for a share of more than 29% in terms of consumption of concrete floor coatings. This can be attributed to the recent growth of the building and construction industry. With prominent manufacturers focused on several developing economies in Asia Pacific, this regional market for concrete floor coatings is projected to expand at the fastest pace from 2014 to 2020. Europe is also a major contributor toward the growth of the global concrete floor coatings market and the region is poised to expand at a 6.3% CAGR during the forecast period.
Royal DSM N.V., The Sherwin-William Company, Nippon Paint Co. Ltd., PPG Industries Inc., The Valspar Corporation, DAW SE, BASF SE, Behr Process Corporation, and RPM International Inc. are some of the leading companies operating in the concrete floor coatings market. These players have been studied in the report based on key attributes such as company profile, financial overview, business strategies, product portfolio, and recent developments. A SWOT analysis of the prominent companies sheds light on their strengths, weaknesses, opportunities, and threats, giving clients insight into what drives their competitors in the concrete floor coatings market.
Concrete Floor Coatings Market, by Product
- Others (including acrylic, polyurethane, etc.)
Concrete Floor Coatings Market, by Application
Concrete Floor Coatings Market, by Geography
- North America
- Asia Pacific
- Rest of the World (RoW)
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